Iseq index outperforms its peers, adding 1.5% after positive updates from Smurfit Kappa and Glenveagh Homes
Glenveagh Homes
Chief executive says meeting 50,000 per year Government targets requires industry, private sector capital and State to work together
Dublin market ends day falling behind the wider European trends
Iseq index outperforms its European peers, adding 0.75 per cent
In Ireland, the ISEQ All Share Index had a weaker performance than its European counterparts
Counterpart at Glenveagh Properties saw his total package fall by over €100,000 as revenues and pre-tax profits dropped
Government’s strategic housing development system was intended to speed up delivery but was scrapped after it generated a multiple legal cases
Defendants alleged case against them amounted to strategic litigation against public participation
In Dublin, the ISEQ All Share Index bucked the global trend and finished in the green by close on Monday.
World stocks dipped on Wednesday amid a spate of disappointing earnings reports, as investors also await US and euro zone inflation data
The best news, analysis and comment from The Irish Times business desk
Report by stockbroker Goodbody says industry is made up of a large number of smaller builders with limited capacity
Wall Street subdued after hotter-than-expected producer prices report dampens speculation of imminent interest rate cuts
In Dublin, the ISEQ All Share index outperformed European peers, gaining 0.94 per cent
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